Bros Eastern Co.,Ltd.’s Net Profit Rose 54.6% in First Quarter of 2022

Bros Eastern Co.,Ltd. (百隆东方股份有限公司) (601339.SH) reported a net profit of 344.6 million yuan in the first quarter of 2022, up 54.6% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 15.5 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.